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Dec 29, 2012
12/12
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you worry about what is going on out there and i will worry about what is going on here in washington. everyone is convinced i know who it is and they bring up names was it so and sew? i don't know. >> i think it was your daughter who said to you on the phone, norman schwarzkopf if you die i will never speak to you again. >> that was my wife. >> what is that story? >> the night the war was supposed to start, the decision was made 48 hours, i needed 48 hours -- we needed 48 hours to get everything rolling, to get the airplanes in the air, get the bombers loaded up, get the refueling set up. we needed 48 hours. after the january 15 deadline we got the word ok, it is a go. then you put all of that being in motion then there is nothing you do. you sit there. the night before the war was about to begin about 11:00 or 12:00 at night i did what most people do. i sat down and wrote a letter to my family. by this time, we heard all the stuff about chemical missiles and we did not know if they were going to fire chemical missiles and we were going to have mass casualties. we did not know what w
you worry about what is going on out there and i will worry about what is going on here in washington. everyone is convinced i know who it is and they bring up names was it so and sew? i don't know. >> i think it was your daughter who said to you on the phone, norman schwarzkopf if you die i will never speak to you again. >> that was my wife. >> what is that story? >> the night the war was supposed to start, the decision was made 48 hours, i needed 48 hours -- we needed...
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even the washington generals get lucky once in a while. but when you look at the overall record between the two teams, for god's sakes there are radio stations that play nothing but christmas carols, stores that sell nothing but christmas decorations all yearlong. there is a tv channel devoted to a yule log. and it's kicking cnn's ass in the ratings. don't worry, non- log-burning channel, there's christmas programs for you as well. there's tiny traditional christmas programming, really old-timey. special christmas programming. urban christmas specials. mormon christmas specials. country western christmas specials. chipmunks' christmas specials. otter christmas specials. bear christmas specials. cat christmas specials. large-headed child christmas. gay christmas. jewish christmas. whatever the [bleep] this is christmas. christmas underwater. christmas from the future. prehistoric christmas. that's right. there's a christmas special celebrating jesus' birth thousands of years before the birth of jesus. ( applause ) that is a holiday that is
even the washington generals get lucky once in a while. but when you look at the overall record between the two teams, for god's sakes there are radio stations that play nothing but christmas carols, stores that sell nothing but christmas decorations all yearlong. there is a tv channel devoted to a yule log. and it's kicking cnn's ass in the ratings. don't worry, non- log-burning channel, there's christmas programs for you as well. there's tiny traditional christmas programming, really...
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smith goes to washington and expresses his intention to late dore something." (laughter) now, harry reid's doing this because he claims republicans are abusing the filibuster. >> i have faced 386 filibusters. >> stephen: 386 filibusters during harry reid's six years as majority leader. and given how little congress works, some of that has to be mitch mcconnell stopping by harry reid's family dinner to block passage of the mashed potato. (laughter) but i say so what? that's just politics. and mitch mcconnell is warning it could get worse. >> if the majority chooses to end the filibuster, if they choose to change the rules and put an end to democratic debate then the fighting, the bitterness, and the gridlock will only get worse. in the name of efficiency they would prevent the very possibility of compromise and threaten to make the disputes of the past few years look like mere pillow fights. >> stephen: he's right. to me they already look like pillow fights. i'm pretty sure joe lieberman's jowls are memory foam. (laughter) so you've been warned, harry reid! take
smith goes to washington and expresses his intention to late dore something." (laughter) now, harry reid's doing this because he claims republicans are abusing the filibuster. >> i have faced 386 filibusters. >> stephen: 386 filibusters during harry reid's six years as majority leader. and given how little congress works, some of that has to be mitch mcconnell stopping by harry reid's family dinner to block passage of the mashed potato. (laughter) but i say so what? that's just...
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Dec 27, 2012
12/12
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you speak washington ese. the house is convening. the president is -- >> doesn't it just make you sick? >> the were inthing you want to watch is eachon javers. i thought it was a perfect graphic. it's fabulous. you can't make it up. >> what do you do when you don't know what's going to happen, and you really don't. if you can get the debt limit thing right and guess how it's going to turn out or guess that it's actually going to do something, all evidence to the contrary, how would you invest, and when you recognize that none of us probably know and got it wrong the last time the debt ceiling came around. still be conservative and get some great balance sheet, but some names like john ehrlichman. could go savnlt these are names with big balance sheets will last you through to the. >> rick santelli, we spoke to you earlier on the show, did i get the impression that you're feeling a little more helpful? are you feelingmore so after speaking with the senators. >> i think the party will be with the parties doing the right place to actual
you speak washington ese. the house is convening. the president is -- >> doesn't it just make you sick? >> the were inthing you want to watch is eachon javers. i thought it was a perfect graphic. it's fabulous. you can't make it up. >> what do you do when you don't know what's going to happen, and you really don't. if you can get the debt limit thing right and guess how it's going to turn out or guess that it's actually going to do something, all evidence to the contrary, how...
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Dec 21, 2012
12/12
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will anybody rise above in washington? insight from washington post economic policy reporter and from capitol hill, politico's senior congressional reporter. welcome to "power lunch" guy webs good to see you. let me start with you. what happens at this point? can anything be done or are we going over the cliff? >> the chances offi going over e cliff is very, very serious at this point. what do they do? they are trying to figure that out themselves right now. do they bring up a bill right now and try to force speaker boehner's hand and have him accept any sort of tax increase, at least allow a vote and something that could pass in the house? mainly by democratic votes? that is unclear at this point. right now, harry reid is calling on the house to pass their enate bill and speaker boehner is relenting at there point. >> zachary, you cover economic policy. can you give me any clues of what is happening behind the scenes? are republicans saying, good gosh, if they would means test medicare and change retirement age, i would m
will anybody rise above in washington? insight from washington post economic policy reporter and from capitol hill, politico's senior congressional reporter. welcome to "power lunch" guy webs good to see you. let me start with you. what happens at this point? can anything be done or are we going over the cliff? >> the chances offi going over e cliff is very, very serious at this point. what do they do? they are trying to figure that out themselves right now. do they bring up a...
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Dec 30, 2012
12/12
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host: next up is don on the washington redskins. -- "washington journal." caller: i've been on social security for several years now. it's my understanding that the amount of money that you pay in through the payroll tax affects the amount of social security that you receive and it looks to me like people are under the illusion that this 2% is a good deal but at the same time, why they're going to be shortening themselves when they retire. is that right? guest: so that's a good question. it actually isn't really right. so the payroll tax is basically being used as a vehicle to deliver the tax cuts to workers. the way the federal budget accounting works is that the money that is not going into the social security system via the reduced payroll tax, is being reimbursed from general revenue so the reduced -- the reduced payroll tax from the last few years will not affect benefits that you accrue for the future. host: mark of the american enterprise institute writes under the headline "make the middle class pay more." he says -- host: your thoughts about what m
host: next up is don on the washington redskins. -- "washington journal." caller: i've been on social security for several years now. it's my understanding that the amount of money that you pay in through the payroll tax affects the amount of social security that you receive and it looks to me like people are under the illusion that this 2% is a good deal but at the same time, why they're going to be shortening themselves when they retire. is that right? guest: so that's a good...
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Dec 28, 2012
12/12
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hayward and we have breaking news from southeast washington. police gave chase to a stolen car that collided with a metrobus at wheeler road and southern avenue. that's near the prince george's county border. our kristin fisher is standing by and she has the latest information. kristin? >> reporter: well, what happened was three people were in a stolen car and they were driving down wheeler road when they were spotted by police. now, they just tried to speed off after police tried to pull them over but the police did not pursue them. still, they kept driving down this road i mean they were zigging and zagging out of traffic. a very dangerous situation. then they started going so fast that they sped out of control and when they tried to turn here on to southern avue they crashed into a metrobus. you see that one passing right there. and it was a head-on crash. so just take a look at what it looked like. i mean, this stolen nissan maxima was completely crushed in the front. the bus fared far better but both the driver and one passenger were taken
hayward and we have breaking news from southeast washington. police gave chase to a stolen car that collided with a metrobus at wheeler road and southern avenue. that's near the prince george's county border. our kristin fisher is standing by and she has the latest information. kristin? >> reporter: well, what happened was three people were in a stolen car and they were driving down wheeler road when they were spotted by police. now, they just tried to speed off after police tried to pull...
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Dec 23, 2012
12/12
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peter doocy is live in washington with the latest on the question of guns and guards in is schools. >> the consultant leading the nra's effort to secure the schools is asa hutchinson, a former republican congressman from arkansas who said he didn't think new laws and prohibition is the right way to respond to what happened in sandy hook and compared the nra plan to put a trained guard in every american school to the federal air marshal program put in place after 9/11. >> more sensitive that be airplanes. people resisted having weapons on airplanes but i oversaw the federal air marshals and it's a deterrent, no one sees that weapon but they're protected on the airplane and it's a positive impact on safety. schools are a sensitive environment as well. you could provide safety and security with armed, trained, personnel without putting fear in everyone. >> he argued since timothy mcveigh used fertilizer to kill men, women and children in oklahoma city, restricting firearms will not make children safer but many lawmakers are skeptical about the nra plan. >> we have armed officers in many
peter doocy is live in washington with the latest on the question of guns and guards in is schools. >> the consultant leading the nra's effort to secure the schools is asa hutchinson, a former republican congressman from arkansas who said he didn't think new laws and prohibition is the right way to respond to what happened in sandy hook and compared the nra plan to put a trained guard in every american school to the federal air marshal program put in place after 9/11. >> more...
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Dec 28, 2012
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. >> right now the spending that we have in washington d.c. is affecting this country. >> i hope the speaker and his republican party will be here, democrats, working to finish the task in reaching an agreement to avert the fiscal cliff. >> barrasso said president obama is eager to go over the fiscal cliff. senator barrasso joins us. well, why do you say that? >> well, i think the president sees political victory at the bottom of the cliff in term of the increased tax money coming in that he can spend for other programs. i think he sees a lot of cut to the military which the democrats have been after for a long time and then he gets to do what he loves to do, is to blame republicans. my concern is that i actually see financial problems for our nation at the bottom of the cliff and that's why i want to get a solution. >> tomorrow do you think it's going to be the beginning of the emergency meeting at the white house, is it the beginning of a deal or is it a political drama? >> my concern is it may be a political charade by the president and har
. >> right now the spending that we have in washington d.c. is affecting this country. >> i hope the speaker and his republican party will be here, democrats, working to finish the task in reaching an agreement to avert the fiscal cliff. >> barrasso said president obama is eager to go over the fiscal cliff. senator barrasso joins us. well, why do you say that? >> well, i think the president sees political victory at the bottom of the cliff in term of the increased tax...
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Dec 30, 2012
12/12
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he said that outside of washington, people do not seem to understand why this is a repeat problem. that is that congress can't make a decisi. and that regular people meet their deadlines. are you confident that we can get something done here? do you think that december 31, will come and go when we will have nothing in hand? >> look, i think the president and his sanctimonious lecture that he wants to give congress about not doing his job -- he needs to premiere on himself as well. he knows that there could be a deal. if he puts them on the table, whether it is eligibility age for medicare, something that will fundamentally reform medicare, the poor, he would get a deal -- enough votes to pass something easily. and he had some real fundamental spending cs. the problem is the tax increases happen immediately. the spenng cuts take it down, and they never end up happening. that has always been a bear trap that republicans have gone ourselves in. i don't think they are going to fall for. i don't think anyone will remember mr. mccaul or john boehner's name 10 years from now. the true fac
he said that outside of washington, people do not seem to understand why this is a repeat problem. that is that congress can't make a decisi. and that regular people meet their deadlines. are you confident that we can get something done here? do you think that december 31, will come and go when we will have nothing in hand? >> look, i think the president and his sanctimonious lecture that he wants to give congress about not doing his job -- he needs to premiere on himself as well. he...
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Dec 21, 2012
12/12
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democrats continue to run washington. what the president has proposed so far simply won't do anything to solve our spending problem. he wants more spending and more tax hikes that will hurt our economy and he simply won't deal honestly with entitlement reform and the big issues facing our country. we need significant spending cuts and real tax reform to address our long-term debt problem and pave the way for long-term growth and real growth in jobs in our country. we'll continue to work with our colleagues in the house and the senate on a plan that protects families and small businesses from the fiscal cliff. >> i think we saw last night yet the next chapter in this saga of trying to resolve the situation of the fiscal cliff. it is clear that our conference has been consistent in its commitment to doing something about the spending problem in washington and the mounting debt that has resulted. we stand ready to continue in dialog with this president to actually fix the problem. i hope that we see that our colleagues on th
democrats continue to run washington. what the president has proposed so far simply won't do anything to solve our spending problem. he wants more spending and more tax hikes that will hurt our economy and he simply won't deal honestly with entitlement reform and the big issues facing our country. we need significant spending cuts and real tax reform to address our long-term debt problem and pave the way for long-term growth and real growth in jobs in our country. we'll continue to work with...
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Dec 27, 2012
12/12
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the president in washington and another deadline. secretary geithner warns we will hit the debt ceiling even before we tumble over the fiscal cliff. good morning from washington. it is thursday, december 27th. this is "the daily rundown." i'm luke russert. two days after christmas and washington is back to work trying to harsh out a deal to avoid the fiscal cliff. the senate will get back from the session after holiday break. the president is expected to arrive back to the white house without his family to get back to twork mework to meet the loo deadline. mike is at the white house. let's start with you. the consensus around the hill is that we are more likely than not to go over the fiscal cliff, but there is a small chance harry reid could take a house pass bill and amend it and send it back over to the house. what are you hear being that? >> conceivably, but when the president lights upon the south lawn and the marine one later this morning, it's unclear why he is coming back and who will be here with him. as you mentioned, speak
the president in washington and another deadline. secretary geithner warns we will hit the debt ceiling even before we tumble over the fiscal cliff. good morning from washington. it is thursday, december 27th. this is "the daily rundown." i'm luke russert. two days after christmas and washington is back to work trying to harsh out a deal to avoid the fiscal cliff. the senate will get back from the session after holiday break. the president is expected to arrive back to the white house...
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Dec 30, 2012
12/12
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and this is how washington works most effectively. if chain cpi were part of the deal, i don't think that that's something that the white house would accept that is something as dana said, is part of a bigger deal. not something that they're going to be happy with if it's part of a small deal. but obviously this is the bartering that goes on in basic contract negotiations, it's what you see. they're posturing right now and as the clock ticks down you would expect something like that. when the president was on meet the press, he nad clear we're in the position right now where one of two things is going to happen. here's how the president put it. >> i'm confident that one of two things is going to happen when it comes to the fiscal cliff. number one, we're going to see an agreement in the next 48 hours, in which case, middle class taxes will not go up. if that doesn't happen, then democrats in the senate will put a bill on the floor of the senate, and republicans will have to decide if they're going to block it. which will mean that mid
and this is how washington works most effectively. if chain cpi were part of the deal, i don't think that that's something that the white house would accept that is something as dana said, is part of a bigger deal. not something that they're going to be happy with if it's part of a small deal. but obviously this is the bartering that goes on in basic contract negotiations, it's what you see. they're posturing right now and as the clock ticks down you would expect something like that. when the...
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Dec 27, 2012
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>> i kind of agree with the consternation and concern of washington and everybody there. we look at the position of one of three possibility, back to upside normalized growth, complete downside recession. and the middle of the road scenario, we begrudge this and keep doing it sloppily every once in a while, as we have been recently but manage to make our way longer term. we think that scenario is more likely and the upside has to be discounted and downside scenario we have to recognize is not an immaterial risk. positioning portfolios, this is not an environment to hide and cash in treasuries but not blindly buy any and all equities out there, you pick the risks you take, buy quality dividend companies to protect those portions of your portfolio you're taking some equity risk with. use covered calls and sell options to cap your upside but give you extra cash flow in the other two environments, then use other defensive mechanisms, risk taking but still defensive in orientation. high yield bonds, bank loans, sovereign debt in the emerging markets getting 5-7% interest payme
>> i kind of agree with the consternation and concern of washington and everybody there. we look at the position of one of three possibility, back to upside normalized growth, complete downside recession. and the middle of the road scenario, we begrudge this and keep doing it sloppily every once in a while, as we have been recently but manage to make our way longer term. we think that scenario is more likely and the upside has to be discounted and downside scenario we have to recognize is...
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Dec 28, 2012
12/12
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just about the only thing going on in washington here today. if the white house knew that the president was not going to, making a new offer here today, a lot of the speculation that was going on early and mid-afternoon might have not been healthy necessary for the deal-making dynamic here, because a lot of people were speculating that in fact there was a deal, a mini proposal, something coming new from the president, and then we get to the meeting and find out, in fact, no new offer from the president, reiterating what he said last week on friday, so the speculation got well ahead of events here, and that sort of lends to an air of disappointment here in washington and up there on wall street. we still don't know what exactly happened in this meeting so we're waiting to find out. >> obviously the fiscal cliff is the crisis du jour, chad, were you saying you would prefer to use dips as opportunities. where do you think we will be 12 months from now? no doubt there will be another crisis that we're talking about in 12 months time. what it is we
just about the only thing going on in washington here today. if the white house knew that the president was not going to, making a new offer here today, a lot of the speculation that was going on early and mid-afternoon might have not been healthy necessary for the deal-making dynamic here, because a lot of people were speculating that in fact there was a deal, a mini proposal, something coming new from the president, and then we get to the meeting and find out, in fact, no new offer from the...
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Dec 27, 2012
12/12
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WBAL
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president obama and lawmakers return to washington day with just five days left to avert the fiscal cliff. all eyes will be on the senate after house republicans said it is up to senate leadership to reach a deal. daniel lee reports on the scramble to come together fast. >> president obama landing in washington late this morning. the senator replacing senator daniel in a way -- daniel in no way rode with him on air force one. >> i do not see how you can have a grand bargain involving tax reform entitlement changes in a matter of days. >> even starbucks is getting involved, right in "come together" on its cups. speaker john boehner is sitting the route out after failing to get house republicans to support his own plan. >> i think john boehner is being controlled, unfortunately, by the right wing. >> that leaves it up to majority leader harry ring in the red -- harry reid in the rest of the senate to find a solution. harry reid's plan will avoid tax creases for -- tax increases for people making too large and $50,000. >> you will see a two-step process here, one with the media dynamic so yo
president obama and lawmakers return to washington day with just five days left to avert the fiscal cliff. all eyes will be on the senate after house republicans said it is up to senate leadership to reach a deal. daniel lee reports on the scramble to come together fast. >> president obama landing in washington late this morning. the senator replacing senator daniel in a way -- daniel in no way rode with him on air force one. >> i do not see how you can have a grand bargain...
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Dec 21, 2012
12/12
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>>neil: only in washington. only in washington. thank you all. melissa will break it down further on weekdays at 5:00 p.m. on fox business network. good stuff. catch it. >> they should pay their fair share of taxes. ♪ of what fun it is to ride in a one horse open sleigh ♪ >>neil: you are not santa. it is getting ridiculous. santa back on capitol hill delivering a wheel barrow of gold to republicans who refuse to rise taxes and a deal of pelosi aimed at republicans. >> this is like reverse robin hood taking food from the mouths of babies and seniors to give --. >>neil: you cannot get a deal done when you call each other names. the california democratic congresswoman is a member of the budget committee. congresswoman you do not take cheap shots and people could disagree with you but i think that is out of order and to santa thing is...it is pushing it. >>guest: well, i think that we are in a bad situation. i listened to your earlier guest and i sendly want to go home for christmas but i was more than willing to stay. the only problem is, we rea
>>neil: only in washington. only in washington. thank you all. melissa will break it down further on weekdays at 5:00 p.m. on fox business network. good stuff. catch it. >> they should pay their fair share of taxes. ♪ of what fun it is to ride in a one horse open sleigh ♪ >>neil: you are not santa. it is getting ridiculous. santa back on capitol hill delivering a wheel barrow of gold to republicans who refuse to rise taxes and a deal of pelosi aimed at republicans....
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Dec 29, 2012
12/12
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FBC
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washington might be sending cows washington might be sending cows off a cliff. ♪ music kids will spend 22 minutes watching us, the super duper party troopers, sing about ants in their pants. brushing for two minutes now, can save your child from severe tooth pain later. two minutes twice a day. they have the time. ♪ tom: washington still fighting over the debt deal. farmers are worried about dairy deal. the farm bill is set to expire at the end of the year along with everything else that is going on. the senate agricultural committee chairwoman pushing for a short-term extension to avert the cliff. but if that does not happen, no prices -- milk prices to go up to $8 per gallon. the supermarket group on how this is going to turn consumers soured. you bet that would. that's about double. >> it is about double. it will increase, hopefully not. you are between three and $4 a gallon. it is not just about melt. this is a food cliff. we talk about the financial cliff. keep in mind, we're coming off of two years of horrible weather conditions around the globe. the drought this past summer --
washington might be sending cows washington might be sending cows off a cliff. ♪ music kids will spend 22 minutes watching us, the super duper party troopers, sing about ants in their pants. brushing for two minutes now, can save your child from severe tooth pain later. two minutes twice a day. they have the time. ♪ tom: washington still fighting over the debt deal. farmers are worried about dairy deal. the farm bill is set to expire at the end of the year along with everything else that is...
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Dec 27, 2012
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this is coming from the "washington post" and "usa today." not exactly passionate conservative thinking. when they want to get serious, republican: republicans have shs evidence behind closed doors and with plan b. there willing to raise tax rates. this can be done, but whether or not both sides want to get it done right now. gerri: there was an interesting story breaking down the original negotiations that broke down and obama said to have told john boehner you get nothing, i get that for free. in response to put up 800 million in tax revenue changing his entire mind and obama said basically i don't have to respond to this, i will just take it. >> president obama is governing as a negative way with an iron fist. he wants them to respect his perceived election mandate and friendly john boehner was acting in good faith because by allowing tax rate go up on certain segments of the population was compromising principles in hopes of something in return and the president offered nothing in return. gerri: there is a big storm, hundreds of flights h
this is coming from the "washington post" and "usa today." not exactly passionate conservative thinking. when they want to get serious, republican: republicans have shs evidence behind closed doors and with plan b. there willing to raise tax rates. this can be done, but whether or not both sides want to get it done right now. gerri: there was an interesting story breaking down the original negotiations that broke down and obama said to have told john boehner you get nothing,...
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Dec 31, 2012
12/12
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virtual standing by live on capitol hill to see if there is something coming out of washington, d.c. >> reporter: good evening. talks are continuing this evening between the vice president joe biden and mitch mcconnell. they were making some sense of progress there. this is after two stop soldiers, mitch mcconnell and harry reid failed to make much progress through tonight and this morning. harry reid went home earlier this yeeng and biden and mcconnell were taking point on the negotiations. they worked out a deal couple years ago for unemployment insurance that cut the social security tax. they 6 worked together before and they have succeeded reaching a deal before and folks on capitol hill they can do so again. >> less than 26 hours from what everyone calls a fiscal cliff. it would be comprehensive big package we hear them talk about, the big compromise that speaker boen and the president had worked out a year and a half ago? >> if you want what is known a as the grand bargain you would likely get in two steps. a small down payment, a tax rate increase and some of the spending meas
virtual standing by live on capitol hill to see if there is something coming out of washington, d.c. >> reporter: good evening. talks are continuing this evening between the vice president joe biden and mitch mcconnell. they were making some sense of progress there. this is after two stop soldiers, mitch mcconnell and harry reid failed to make much progress through tonight and this morning. harry reid went home earlier this yeeng and biden and mcconnell were taking point on the...
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Dec 27, 2012
12/12
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starting with the budget crisis in washington. we learned just a few hours ago that not only is the fiscal cliff deadline on new year's eve, we are going to hit the debt ceiling on the very same day. we are about to go to washington for a live report. now to national weather. deadly storm slamming the midwest and the south now hitting the northeast. this is all coming just as millions of americans are waiting to take flights important the holidays. suburban new york newspaper chooses to publish the names and addresses of thousands of private citizens who have legal gun permits. can the mainstream media still claim not to hate all gun owners after a stunt like this? "the kudlow report" starts right now. let's get the latest on the snag on the fiscal cliff talks and surprise news we are going to reach the debt ceiling in days instead of just a few months. john harwood has the details. what's going on? >> not a whole lot of actions going on. although there have been some developments. let me bring our viewers up to date on those. fir
starting with the budget crisis in washington. we learned just a few hours ago that not only is the fiscal cliff deadline on new year's eve, we are going to hit the debt ceiling on the very same day. we are about to go to washington for a live report. now to national weather. deadly storm slamming the midwest and the south now hitting the northeast. this is all coming just as millions of americans are waiting to take flights important the holidays. suburban new york newspaper chooses to publish...
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Dec 30, 2012
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and so maybe when it comes to the relationships here in washington, it's a good thing that it's these two men that are working together and you're right, it does rest on their shoulders right now. >> dana bash, covering the stories for us on capitol hill. i have with me michael crowley, and a.b. stoddard and jessica yellen. >> it's great if the two can come to an agreement and the white house loves it, but it's always been the house that's been the sticking point. what do you think the scenario is there, a.b.? >> that's going to be tough for the house speaker. he said on friday in meeting with all the leaders and the president that he wanted to bring something up. might be amended and sent back to the senate. he doesn't know what's in there. how much money the democrats are going to push for to cover the medicare doc fix. the uninsurance -- excuse me, unemployment insurance that is going to lapse at the end of the year and put 2 million people out of reach of a check. and there's other issues. the alternative minimum tax. a lot of money that they're scrambling to find as they also dea
and so maybe when it comes to the relationships here in washington, it's a good thing that it's these two men that are working together and you're right, it does rest on their shoulders right now. >> dana bash, covering the stories for us on capitol hill. i have with me michael crowley, and a.b. stoddard and jessica yellen. >> it's great if the two can come to an agreement and the white house loves it, but it's always been the house that's been the sticking point. what do you think...
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Dec 6, 2012
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you hear the ceos come to washington. they don't have a message other than make sure you get a deal. you can imagine that turning on a time if you get some type of massive tax increases to hit the industry. especially as a portion of this. they want to overhaul the tax system next year. >> neil: do you think we have a deal? >> i think we get a deal. but i agree that no deal is better than a bad deal. we are going to face reality of the $16 trillion in debt when we wake up january 1. >> neil: that is your generation's problems. looking out
you hear the ceos come to washington. they don't have a message other than make sure you get a deal. you can imagine that turning on a time if you get some type of massive tax increases to hit the industry. especially as a portion of this. they want to overhaul the tax system next year. >> neil: do you think we have a deal? >> i think we get a deal. but i agree that no deal is better than a bad deal. we are going to face reality of the $16 trillion in debt when we wake up january 1....
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Dec 6, 2012
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you hear the ceos come to washington. they don't have a message other than make sure you get a deal. you can imagine that turning on a time if you get some type of massive tax increases to hit the industry. especially as a portion of this. they want to overhaul the tax system next year. >> neil: do you think we
you hear the ceos come to washington. they don't have a message other than make sure you get a deal. you can imagine that turning on a time if you get some type of massive tax increases to hit the industry. especially as a portion of this. they want to overhaul the tax system next year. >> neil: do you think we
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Dec 19, 2012
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there is a fear of some kind of falling off a cliff or something or maybe washington is just horrible. maybe. >>neil: son of a...the rating agencies says the way these guys are dilly-dallying on the cliff, we still could see our credit rating take a dive. deal or though deal? welcome, everyone, i am neil cavuto. i think that was the way of telling washington quit playing us for fools and thinking this finger pointing is winning you friends. it is costing your country. leaving aside a major credit rating calling the politician's bluff did this hint if they come up with a keel that is stupid this will be hell? charles payne says that downgrade could be coming no matter what. warm, -- charles, what will happen? >>guest: the debt ceiling debate, july 29, they come up with an agreement and the president signs it august 2, and we are downgraded after the president signed. the deal was signed and it was done, they point to a lack of faith in the leaders and in washington, dc. they are saying the same thing. when i read that, and the quote is deficit cutting plan, you mention playing us as fo
there is a fear of some kind of falling off a cliff or something or maybe washington is just horrible. maybe. >>neil: son of a...the rating agencies says the way these guys are dilly-dallying on the cliff, we still could see our credit rating take a dive. deal or though deal? welcome, everyone, i am neil cavuto. i think that was the way of telling washington quit playing us for fools and thinking this finger pointing is winning you friends. it is costing your country. leaving aside a...
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Dec 21, 2012
12/12
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the story on wall street today was washington. the back and forth on the fiscal cliff negotiations sending the markets sharply lower. and so, what do we make of it here, dan? friday afternoon, we're awaiting the president to be joined by senate majority leader harry reid to make a statement on these talks into the weekend. >> in some ways i would say the reaction today, the ultimate reaction ended up being a tad muted in a lot of ways when you think about it. because the overnight lows were down 3%. in the s&p. so we closed down about 1% here and so here's a situation where i think the options market kind of has this a little bit. the six futures curve started ticking up earlier in the week in kind of a precursor to some of the equity weakness we saw today. in a lot of senses a pretty quarterly sellover. >> i agree with that. one of the things we saw in the options market. we've spoken about this many times. there are holidays coming up, if you back the holidays out, we're expecting greater than expected volatility at a time when
the story on wall street today was washington. the back and forth on the fiscal cliff negotiations sending the markets sharply lower. and so, what do we make of it here, dan? friday afternoon, we're awaiting the president to be joined by senate majority leader harry reid to make a statement on these talks into the weekend. >> in some ways i would say the reaction today, the ultimate reaction ended up being a tad muted in a lot of ways when you think about it. because the overnight lows...
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Dec 23, 2012
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msnbc political analyst david corn is the washington bureau chief for "mother jones" magazine. are you comfortable with what the nra put forward today? >> absolutely. this is the only answer. more guns equals less crime. if we don't arm the teachers and have guards, this is going to happen again. >> do i understand your view that it would be a requirement for teachers? >> what if i'm a teacher who does not know how to carry a firearm? i'm not proficient and i don't want anything to do with guns. >> i don't want my kid in your school. >> wow, really. >> i'll send my kid to another school. >> so to a person whose pursuing a career in education, going to college with that desire because they want to school young people, they would also need to be trained and comfortable with the idea of carrying a weapon? >> unfortunately, this is the world we live in. >> this is not a panacea. >> wait a minute, david. with that logic, why not arm the students as well. >> the students are children. >> an 18-year-old high school senior. i mean by your logic they, too, should all be carrying weapons
msnbc political analyst david corn is the washington bureau chief for "mother jones" magazine. are you comfortable with what the nra put forward today? >> absolutely. this is the only answer. more guns equals less crime. if we don't arm the teachers and have guards, this is going to happen again. >> do i understand your view that it would be a requirement for teachers? >> what if i'm a teacher who does not know how to carry a firearm? i'm not proficient and i don't...
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Dec 29, 2012
12/12
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washington might be sending cows washington might be sending cows off a cliff.nfc, afc, offensive lineman, defensive tackles, quarterbacks and cornerbacks are all working with united way. for a million little reasons. the kids of our communities. to ensure their academic success, all the way to graduation day. it takes about 12 years to create a graduate. it takes the same time to create a dropout. and the difference between a kid becoming one or the other could be professional athlete. or it could be you. studies show, the earlier we get to kids, the better their chances. so become a united way volunteer reader, tutor or mentor. make a difference in the life of a child. for the life of that child. give. advocate. volunteer. live. united. join your favorite nfl players. take the pledge. go to unitedway.org. ♪ tom: washington still fighting over the debt deal. farmers are worried about dairy deal. the farm bill is set to expire at the end of the year along with everything else that is going on. the senate agricultural committee chairwoman pushing for a short-term extension to avert the c
washington might be sending cows washington might be sending cows off a cliff.nfc, afc, offensive lineman, defensive tackles, quarterbacks and cornerbacks are all working with united way. for a million little reasons. the kids of our communities. to ensure their academic success, all the way to graduation day. it takes about 12 years to create a graduate. it takes the same time to create a dropout. and the difference between a kid becoming one or the other could be professional athlete. or it...
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Dec 29, 2012
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washington might be sending cows off a cliff. copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to hp significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers fosudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, ask your doctor if including advair could help improve your lung function. get your first full prescription free and save on refills at adircopd.com. i don't have to leave my de and get up and go to the post office anymore. [ male announcer ] with stamps.com you can print real u.
washington might be sending cows off a cliff. copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to hp significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers fosudden symptoms and should not be used more than twice a day. people...
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Dec 29, 2012
12/12
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look at what is going on in washington. the intent and incompetence, they are not doing anything to make things better. he looked at all the money being dumped into the system, not only the united states of worldwide. we have a new prime minister of japan who now has told the bank of japan, print that money, catch up to the united states, europe, china. they're just dumping this money to the system to keep it going. as you mentioned, housing starts , housing prices. tom: i have to tell you, i think i'm in your camp on this one. i'm a be gloomier than the one housing because i don't see the fundamentals are still wrong. the people that are buying homes are investors paying all cash. maybe some starter homes, but the mortgages are still tough to get. the appraisers are still tough appraisals to get. and you have one at the three people in this country under water. i still don't see the fundamentals of the old buy and sell transaction sapping get. >> vote for me. on make things better. >> exactly. >> year 100 percent right. th
look at what is going on in washington. the intent and incompetence, they are not doing anything to make things better. he looked at all the money being dumped into the system, not only the united states of worldwide. we have a new prime minister of japan who now has told the bank of japan, print that money, catch up to the united states, europe, china. they're just dumping this money to the system to keep it going. as you mentioned, housing starts , housing prices. tom: i have to tell you, i...
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Dec 28, 2012
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this from the federal mediator in washington. "the container royalty payment issue has been agreed upon in principle by the parties subject to achieving an overall collective bargaining agreement. this allege saves americans from higher prices for many consumer goods. all of which would have been in short supply. as a strike would have frozen stack upon stack of containers. electronic. auto parts, airline part. computer component, tiles, manufacturered good, clothing not just things coming in from all over the world but also the u.s. products meant to sell overseas. >> so it's not just the local port area affected by the strike but the entire region and the state. going nationally as well. >> from boston to houston, these ports represent hundreds of billions of dollars worth of consumer goods that flow for distribution thousands of miles inland. thanks to both sides reaching a nearly last-minute agreement, none will see the picket signs sunday. >> economist worried if we do go off the fiscal cliff, it's now averted strike would h
this from the federal mediator in washington. "the container royalty payment issue has been agreed upon in principle by the parties subject to achieving an overall collective bargaining agreement. this allege saves americans from higher prices for many consumer goods. all of which would have been in short supply. as a strike would have frozen stack upon stack of containers. electronic. auto parts, airline part. computer component, tiles, manufacturered good, clothing not just things coming...
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Dec 27, 2012
12/12
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that sector is doing very well regardless of what's happening in washington. the xhb is a great way to play it, they own things like home depot, own lowe's, some homebuilders, whirlpool, things that go into homes. shibani: why would you choose to go with an etf versus picking out some of these names? when you pick a basket, you sometimes mute the overall performance that the individual names could have. >> right. so if you picked the best ones out of that group, then sure you would do much better than picking the etf. but the etf is safer. you get a whole basket, so you are not exposed to the stock, a single stock risk, so if one stock has a problem, you know, the whole portfolio doesn't go down. shibani: so you like home building. i was also interested to learn that you also like biotech. that's a little unusual considering how risky that sector can be. >> that's for the -- people who want to take a little bit more risk. the biotech sector has been doing well. the small cap bio hasn't done as well as the big tech -- big cap biotech, but it is a good sector. t
that sector is doing very well regardless of what's happening in washington. the xhb is a great way to play it, they own things like home depot, own lowe's, some homebuilders, whirlpool, things that go into homes. shibani: why would you choose to go with an etf versus picking out some of these names? when you pick a basket, you sometimes mute the overall performance that the individual names could have. >> right. so if you picked the best ones out of that group, then sure you would do...
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Dec 11, 2012
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i came back from washington and i got good news and bad news. the good news they want to rise above the bad news, the republicans want to rise above tax in cricreases and the democ want to rise above spending cuts. but this morning rally, the averages got pulled down when harry reid said there probably won't be a deal in time for christmas. the nasdaq climbing 1.8%. i hope this mini rally is happening because people have looked over the fiscal cliff and weren't terrified by what they saw. i hope they don't mind government intervention. because they are not going away. i hope that because what i heard in washington today were two sides even though i can tell them that a deal would be done and there would be no vacation without legislation, we'd be in much better shape. i have to tell you, the situation in washington is as discouraging. one after another i started with a too tack. i said let's go there. i said i totally agree the issue of spending not revenues. tell us what you have done to get spending done. did they give you the fellow traveler
i came back from washington and i got good news and bad news. the good news they want to rise above the bad news, the republicans want to rise above tax in cricreases and the democ want to rise above spending cuts. but this morning rally, the averages got pulled down when harry reid said there probably won't be a deal in time for christmas. the nasdaq climbing 1.8%. i hope this mini rally is happening because people have looked over the fiscal cliff and weren't terrified by what they saw. i...
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but washington is at a standstill. although the president is refusing to sit down with republicans, he did talk to speaker john boehner this afternoon, and the white house is talking to federal agencies, warning them to get ready to go over the cliff. with more on this, congressman tom mcclintock of california. a member of the budget committee. if you for joining us today. you know, we heard about this telephone call between speaker boehner and the president. you think anything will come of that? >> the president has been very clear. he is hell-bent to raise taxes massively on those very wealthy folks made making over $250,000. bearer 80% of small businesses, in and exactly the time when we are depending on them to create two thirds of the new jobs in our country desperately needs. gerri: the republicans are in the way of a settlement. i want to hear what he said today. here is the president. >> we can probably solve this in a week. it is not that tough. but we need that conceptual breakthrough that says that we need t
but washington is at a standstill. although the president is refusing to sit down with republicans, he did talk to speaker john boehner this afternoon, and the white house is talking to federal agencies, warning them to get ready to go over the cliff. with more on this, congressman tom mcclintock of california. a member of the budget committee. if you for joining us today. you know, we heard about this telephone call between speaker boehner and the president. you think anything will come of...
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Dec 7, 2012
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i cannot plain washington, dc. i can explain, now, the folks would make them look very small, the heroes, actually, who brought us to the moon and did the impossible, remember now, 40 years after that last mission to the moon surface that anything is possible. i don't want to give away our sunday night "fly me to the moon" special but i want to give you a teaser, what made them so special. >> we are not thinking about what goes wrong, worry is a wasted emotion. it clouds clear thinking that is absolutely needed when something is wrong. >> i didn't have guts i knew what i was doing. i didn't go to the moon not to come back. >>neil: did you think you might die? >> we thought our chances were about 10 percent. >>neil: did you hear that? 10 percent. one out of ten chance of coming out that disaster alive. that was then. this is now. amazing. folks in washington, dc, could take a cue from these guys. to our market watcher. i don't see that bravery today. but it is what it is. >>guest: it is nowhere to be found. maybe th
i cannot plain washington, dc. i can explain, now, the folks would make them look very small, the heroes, actually, who brought us to the moon and did the impossible, remember now, 40 years after that last mission to the moon surface that anything is possible. i don't want to give away our sunday night "fly me to the moon" special but i want to give you a teaser, what made them so special. >> we are not thinking about what goes wrong, worry is a wasted emotion. it clouds clear...
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Dec 30, 2012
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. >>> outside of washington, nobody understands how it is that this seems to be a repeat pattern over and over again. ordinary folks, they do their jobs. they meet deadlines. they sit down and they discuss things and then things happen. if they're disagreements, they sort through the disagreements. the notion that our elected leadership can't do the same thing is mind-boggling to them. >> you know, the president seemed to be much more comfortable in the white house briefing room today using the bully pulpit saying enough is enough. >> he did. i thought he sounded like a man he know s who holds if not all the cards a lot of them. the public tends to blame republicans when this happens, especially now at a time when overall on the house side you have so many republicans who are so far right and worried about somebody farther right running against them in primaries that john boehner is having a hard time getting them to agree to his packages like plan b last week. we don't know out here on the public how much has changed since last week, but president obama was saying something he was pl
. >>> outside of washington, nobody understands how it is that this seems to be a repeat pattern over and over again. ordinary folks, they do their jobs. they meet deadlines. they sit down and they discuss things and then things happen. if they're disagreements, they sort through the disagreements. the notion that our elected leadership can't do the same thing is mind-boggling to them. >> you know, the president seemed to be much more comfortable in the white house briefing room...
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>> they get assimilated by washington. the washington culture is than talking the language of big government, and it is a deadly, demoralizing language. echoes the demoralization of the media and the -- lou: let's raise some hell, george. let's raise some hell and get some people focused on the right things here. always great to talk to you. >> thank you. lou: george gilder. much more on the fiscal cliff and the republican messaging, if you can call it that, perhaps tonight's broadcast. he egyptians revolting against the brotherhood. syria apparently mixing chemcal weapons. the foundation for defense of democracy joins us here in monts. the unemployment rate drops. so did the number of workers in the labour force. we will be taaking about this economyand what washington is trying to do to it and us next with peterwallace and. i'm dominique dawes and there parents can give their kids -- making sure they get active at least 60 minutes each day. studies sh that physical activity not only helps kids stay heahy, it can enhance
>> they get assimilated by washington. the washington culture is than talking the language of big government, and it is a deadly, demoralizing language. echoes the demoralization of the media and the -- lou: let's raise some hell, george. let's raise some hell and get some people focused on the right things here. always great to talk to you. >> thank you. lou: george gilder. much more on the fiscal cliff and the republican messaging, if you can call it that, perhaps tonight's...
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Dec 21, 2012
12/12
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i don't think anybody in washington, d.c. really knows what will happen next. there are a bunch of theories. few that we're getting is that possibly the senate could come up with some sort of compromise that could be worked on. maybe teen president's plan goes the house floor, the $400,000 income tax rate plan. maybe we separate all the talk about entitlements and all the talk about the unemployment insurance going forward and those types of things and just work on the tax cuts specifically. but what we do know is that the senate will be back here on thursday the 27th. the house is on recess until possibly then. they could be summoned in on 48 hours notice. they could come up with a compromise. we don't know the pathway forward for that. we assume harry reid and president obama will get involved. how much a role john boehner plays the jury is still out on that. >> thanks, luke. have a good holiday. >> short and sweet for you. i wish i had more answers for you. >> kansas congressman tim huelskamp one of the four republicans stripped of his committee chair explai
i don't think anybody in washington, d.c. really knows what will happen next. there are a bunch of theories. few that we're getting is that possibly the senate could come up with some sort of compromise that could be worked on. maybe teen president's plan goes the house floor, the $400,000 income tax rate plan. maybe we separate all the talk about entitlements and all the talk about the unemployment insurance going forward and those types of things and just work on the tax cuts specifically....
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Dec 31, 2012
12/12
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>> i think washington, d.c. everyone. rs everyone. i think what joe mentioned yesterday is exactly right. people are looking at washington and seeing a dysfunctional city, dysfunctional government and we've got to prove them different and we've got, i think, we've got two to three months to really do something significant. you know, the campaign to fix the debt, which is bipartisan, greg and bloomberg and i are co-claire, we've been calling for them to do something big. they had seven weeks to do something big, and they didn't. they kicked the can down the road. >> they add decade to do something big. jimmy, listen, we are heading into the nur yeanew year, it is time for forgiveness. i will defend congress for a second. i was thinking about this last night, right? they are in an impossible tossing. if they say, i'm sorry, you won't get everything promised. period. next election they are go gone because someone will step up and say, sure, i will give you everything. i don't know how i'm going to pay for it. so i feel a little bad for c
>> i think washington, d.c. everyone. rs everyone. i think what joe mentioned yesterday is exactly right. people are looking at washington and seeing a dysfunctional city, dysfunctional government and we've got to prove them different and we've got, i think, we've got two to three months to really do something significant. you know, the campaign to fix the debt, which is bipartisan, greg and bloomberg and i are co-claire, we've been calling for them to do something big. they had seven...